Canada Mining News

MGX minerals is a play on three commodities in Canada

The Critical Investor takes a close look at MGX Minerals, a Canada-listed company with portfolios of magnesium, lithium and silicon projects in British Columbia and Alberta.

Yukon gold juniors seen as top takeover candidates

Today, we have identified a few Yukon gold juniors that could be targeted for takeover by a bigger gold miner.

Chile injects $975 million into state-owned copper giant Codelco

Chile’s President Michelle Bachelet has signed into law a bill that gives state-owned Codelco $975 million in fresh funds to help it cope with a recently passed “copper law,” which forces the miner hand 10% of its revenues […]

This start-up plans to be a top lithium miner in the UK

Cornish Lithium Limited is hoping to lead the development of a lithium industry in the UK after acquiring the rights to drill for the mineral in the ancient mining region of Cornwall.

Vancouver junior inks $1 billion a year potash deal

Encanto closes deal to supply minimum 5m tonnes of potash per year to Indian farmers for the next 20 years.

Nunavut proposed gold mine needs more study, Ottawa says

Nunavut Impact Review Board had recommended the federal government to reject Back River project, citing potential damage to the caribou population.

Yamana Gold resumes operations at mine in Chile after deal with unions

The strike has not had a significant impact on mine and consolidated production, the company said.

Barrick’s chairman wants the miner to be a ‘company of owners’

Executive Chairman John L. Thornton discusses company’s new global employee share plan.

Fortune Minerals announces appointment of PWC as Financial Advisor to arrange NICO project financing

Lithium-ion battery demand for cobalt and supply chain concerns contribute to favorable financing environment.

Mount Polley mine disaster followed years of permit delays — report

Imperial Metals applied for a permit to release water from Mount Polley tailings pond in 2009 – and still doesn’t have one.

Goldcorp shares lifted by 2017 guidance

World number four miner announces ambitious production, reserves and cost-cutting targets.

Mosaic to reopen Colonsay potash mine in a matter of days

Decision to resume operations at the mine was based on Mosaic's expectations that 2017 will be a stronger year for the potash industry.

Scientists say mining e-waste may be an economical option

The Canadian team says recovering metals such as copper and rare earths from LED lights may turn to be an economical option soon.

McEwen gold output slightly down in 2016, but liquid assets doubled

Annual consolidated production in 2016 was 145,530 gold equivalent ounces, down from the 154,529 gold equivalent ounces mined in 2015, but liquid assets now worth $64 million.

Crown attempts to stay MiningWatch’s charges against Mount Polley

The federal government is seeking a withdrawal of the criminal charges before the NGO has the chance to present any evidence.

Europe in favour of oil sands-friendly deal with Canada

Lawmakers have voted in favour of pushing ahead with a trade deal that would allow Canadian oil sand producers to export more crude to the old continent.

Another 37 conditions for Trans Mountain pipeline

Court forced B.C. to issue its own environmental certificate on pipeline expansion.

These two Canadian gold companies challenge you to disrupt mining

Innovators now have have until Jan. 25 to pitch their ideas. The winner will walk away with up to $1 million.

Goldcorp sells mines in Mexico, Guatemala for about $470 million

As part of the world's third largest gold producer by market value's ongoing efforts to focus on highly profitable, core assets.

Cobalt – Fortune Minerals news release on federal funding of all-season road in NWT

Fortune Minerals Limited is pleased to report that the Government of Canada, the Government of the Northwest Territories and the Tlicho Government have jointly announced federal funding for the construction of the Tlicho All-Season Road to the community of Whati.

Strike at Yamana Gold mine in Chile enters ninth day, shares fall

Operations have been halted since Friday, when one of the two unions blocked all access to El Peñón as a way to press management.

Canada's gold miners to embrace green energy to control costs

Expected increased in the adoption of alternative energy sources by the country's gold sector to be boosted by recently passed regulations, such as the carbon tax.

Erdene new gold zone at Mongolia Bayan Khundii project larger than expected

Bayan Khundii project went from greenfield prospect to being Erdene’s flagship asset in roughly nine months.

Poor uranium market conditions push Paladin Energy into restructuring

Proposed refinancing comes after Paladin failed to sell a 24% stake in its Langer Heinrich mine to China National Nuclear Corporation (CNNC), which was expected to fetch $175 million.

World’s top uranium producer Kazakhstan to cut output by 10%

Analysts qualified the move as a “game changer.”